The main play with turnkey rentals is appreciation and paying your loan down over time. 

Timing here is everything.

Is it going to be rented in the winter time? 

Back at that time it was already a hot market, I was able to get this property with a full cash offer.

I'm sure it's a great time to invest there, in fact I'll get 22% on my money if I go with this syndication!

Personally, I wouldn't totally disagree, but it is very much in the eyes of the beholder what "nice place to live" means.Based on your post, I would assume you are getting requests because you are a new landlord (maybe the old one was not a kind person, so tenants chose not to make any requests) and that you are asking them to pay more rent for a unit that is likely in worse condition than when they moved in.So now, you can either tell them no, or you can accommodate and potentially open up pandoras box of setting expectations that you will cater to all requests all the time, or as noted, you can remove yourself from the equation and hire a PM to handle the requests.  

The wife and I have been looking to get into rentals for some time now, section 8, to be specific.

Over time, that 6-8% return can grow to 15-20%, but the key is knowing how to leverage that equity at the right time.

They accepted terms for creative financing for 1 year allowing me time to improve rents and refinance with very little down payment.

search for posts from Joel Owens, he's the retail NNN expert.2027 is just a short time away, what will you do if they do not renew?